» Positive figures for housing market

RICS reports on favourable figures

Article Published: 14th May 2009

Next News Article: Repossessions may not be so bad

Previous News Article: Taylor Wimpey announce encouraging results

News Article Index: News For May 2009

Estate agents have reported that inquiries from new home buyers hit a ten year high in April. There was also evidence that high street sales have also risen significantly and showed a like for like sales increase of 4.6 per cent during this April against the last two previous April figures.

The Royal Institution of Chartered Surveyors (RICS) said that there were indications that 41 per cent more surveyors were reporting buyer inquiries rising rather than falling during March. That is a rise of 9 per cent. Property sales picked up and estate agents sold an average of 10.6 properties between February and April, this was up from 9.7 in the three months to March.

The pace of home price declines also halted slightly. First time buyers are still struggling to secure mortgage finance and this is still a consideration when looking at the property market as a whole.

Nationwide Conveyancing is provided by United Legal Services Limited. The conveyancing firms listed are entirely responsible for the services they provide.
Firms providing quotes will include not just solicitor firms, but also licensed conveyancer firms.

© Nationwide Conveyancing 2015